GenCorp Chairman Wicks and 2 other directors step down

RobertDaniel

TEL AVIV (MarketWatch) -- GenCorp Inc.,
gy
the Sacramento, Calif., provider of aerospace products and systems, said Chairman Timothy A. Wicks and two other directors stepped down. The company named James R. Henderson, 50, to succeed Wicks, who'd been chairman since February 2007. Henderson was named to the board in March 2008. He's a managing director and operating partner of Steel Partners, the New York investment firm, and has held executive posts with a number of defense companies. Directors Todd R. Snyder and Sheila E. Widnall also resigned their seats. And the company named James H. Perry to the board. Perry, 47, spent 12 years with United Industrial Corp.,
TXT, -1.40%
in positions including vice president and chief financial officer. He'll be named to the GenCorp board's audit committee, the company said in a statement late on Monday.

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